IRIS Accounts Production v23.3.1.45 11196312 director 1.7.22 30.6.23 30.6.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh111963122022-06-30111963122023-06-30111963122022-07-012023-06-30111963122021-06-30111963122021-07-012022-06-30111963122022-06-3011196312ns10:Originalns15:EnglandWales2022-07-012023-06-3011196312ns14:PoundSterlingns10:Original2022-07-012023-06-3011196312ns10:Originalns10:Director12022-07-012023-06-3011196312ns10:Original2022-07-012023-06-3011196312ns10:Original2023-06-3011196312ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3011196312ns10:Originalns10:SmallEntities2022-07-012023-06-3011196312ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3011196312ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3011196312ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3011196312ns10:Originalns10:FullAccounts2022-07-012023-06-3011196312ns10:Original12022-07-012023-06-3011196312ns10:Originalns10:RegisteredOffice2022-07-012023-06-3011196312ns10:Original2022-06-3011196312ns10:Originalns5:CurrentFinancialInstruments2023-06-3011196312ns10:Originalns5:CurrentFinancialInstruments2022-06-3011196312ns10:Originalns5:Non-currentFinancialInstruments2023-06-3011196312ns10:Originalns5:Non-currentFinancialInstruments2022-06-3011196312ns5:ShareCapitalns10:Original2023-06-3011196312ns5:ShareCapitalns10:Original2022-06-3011196312ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3011196312ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3011196312ns10:Originalns5:NetGoodwill2022-07-012023-06-3011196312ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-07-012023-06-3011196312ns10:Originalns5:FurnitureFittings2022-07-012023-06-3011196312ns10:Original2021-07-012022-06-3011196312ns10:Originalns5:NetGoodwill2022-06-3011196312ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-06-3011196312ns10:Original2022-06-3011196312ns10:Originalns5:NetGoodwill2023-06-3011196312ns5:IntangibleAssetsOtherThanGoodwillns10:Original2023-06-3011196312ns10:Originalns5:NetGoodwill2022-06-3011196312ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-06-3011196312ns10:Originalns5:FurnitureFittings2022-06-3011196312ns10:Originalns5:FurnitureFittings2023-06-3011196312ns10:Originalns5:FurnitureFittings2022-06-3011196312ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3011196312ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3011196312ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-06-3011196312ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-06-3011196312ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-06-3011196312ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-06-3011196312ns10:Originalns5:WithinOneYear2023-06-3011196312ns10:Originalns5:WithinOneYear2022-06-3011196312ns5:BetweenOneFiveYearsns10:Original2023-06-3011196312ns5:BetweenOneFiveYearsns10:Original2022-06-3011196312ns10:Originalns5:MoreThanFiveYears2023-06-3011196312ns10:Originalns5:MoreThanFiveYears2022-06-3011196312ns10:Originalns5:AllPeriods2023-06-3011196312ns10:Originalns5:AllPeriods2022-06-30
REGISTERED NUMBER: 11196312 (England and Wales)















HIRSCHSERVE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2023






HIRSCHSERVE LIMITED (REGISTERED NUMBER: 11196312)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HIRSCHSERVE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2023







DIRECTOR: S Hirschfield





REGISTERED OFFICE: Central Chambers
45-47 Albert Street
Rugby
Warwickshire
CV21 2SG





REGISTERED NUMBER: 11196312 (England and Wales)





ACCOUNTANTS: Atkinson Finch & Co
Chartered Accountants
Central Chambers
45-47 Albert Street
Rugby
Warwickshire
CV21 2SG

HIRSCHSERVE LIMITED (REGISTERED NUMBER: 11196312)

BALANCE SHEET
30TH JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 34,527 38,160
Tangible assets 5 82,883 63,966
117,410 102,126

CURRENT ASSETS
Stocks 5,770 8,227
Debtors 6 22,301 21,801
Cash at bank and in hand 204,911 221,159
232,982 251,187
CREDITORS
Amounts falling due within one year 7 182,342 200,238
NET CURRENT ASSETS 50,640 50,949
TOTAL ASSETS LESS CURRENT
LIABILITIES

168,050

153,075

CREDITORS
Amounts falling due after more than one
year

8

(53,271

)

(61,055

)

PROVISIONS FOR LIABILITIES (15,748 ) (12,154 )
NET ASSETS 99,031 79,866

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 98,931 79,766
SHAREHOLDERS' FUNDS 99,031 79,866

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

HIRSCHSERVE LIMITED (REGISTERED NUMBER: 11196312)

BALANCE SHEET - continued
30TH JUNE 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15th March 2024 and were signed by:





S Hirschfield - Director


HIRSCHSERVE LIMITED (REGISTERED NUMBER: 11196312)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023

1. STATUTORY INFORMATION

Hirschserve Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
There are no significant judgements that have a material effect on the financial statements nor any accounting estimates that have a high risk of causing a material adjustment in a future accounting period.

Turnover
Turnover represents the value of goods and services provided excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

HIRSCHSERVE LIMITED (REGISTERED NUMBER: 11196312)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1st July 2022
and 30th June 2023 12,692 40,000 52,692
AMORTISATION
At 1st July 2022 3,500 11,032 14,532
Charge for year 875 2,758 3,633
At 30th June 2023 4,375 13,790 18,165
NET BOOK VALUE
At 30th June 2023 8,317 26,210 34,527
At 30th June 2022 9,192 28,968 38,160

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st July 2022 102,675
Additions 33,543
At 30th June 2023 136,218
DEPRECIATION
At 1st July 2022 38,709
Charge for year 14,626
At 30th June 2023 53,335
NET BOOK VALUE
At 30th June 2023 82,883
At 30th June 2022 63,966

HIRSCHSERVE LIMITED (REGISTERED NUMBER: 11196312)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 21,000 21,000
Prepayments 1,301 801
22,301 21,801

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 6,972 6,972
Trade creditors - 4,137
Corporation tax payable 844 7,375
Social security and other taxes 19,695 29,440
Other creditors 1,048 2,167
Directors' current accounts 149,903 146,073
Accrued expenses 3,880 4,074
182,342 200,238

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 6,972 6,972
Bank loans - 2-5 years 11,299 19,083
Other creditors 35,000 35,000
53,271 61,055

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 47,000 47,000
Between one and five years 188,000 188,000
In more than five years 211,500 258,500
446,500 493,500